Nagassarlaw- Junior Nagassar

12/08/2025

Customer Due Diligence- Guidance to supervised entities

Customer Due Diligence - Guidance to Supervised Entities

This Guidance is intended to provide assistance to Non‐Regulated Financial Institutions and Listed Businesses supervised by the Financial Intelligence Unit of Trinidad and Tobago (“FIUTT”) (“Supervised Entities”) in complying with their legal obligations for conducting customer due diligence (“CDD”).

The Financial Obligations Regulations 2010 of Trinidad and Tobago (“the FORs”), particularly Part III of the FORs, sets out the necessary approach to CDD which Supervised Entities must follow when entering into a business relationship with a customer and when conducting business transactions with customers.
The FORs require that Supervised Entities apply a Risk Based Approach (RBA) to determine the extent of the CDD measures which should apply to particular customers in certain circumstances. This Guidance seeks to ensure that comprehensive customer identification information is appropriately acquired and
verified; and that customers’ transactions are monitored in accordance with the Supervised Entity’s RBA.

This Guidance is a general informative document and is not intended to replace the FORs or any of the AML/CFT/CPF Acts and Regulations. This Guidance should not be construed as legal advice and should be read in conjunction with the said law

Please see link below to access full document:

https://bit.ly/3UV0w4b

Trinidad and Tobago Government CommunicationsTTT Live OnlineCNC3 Television, Trinidad and TobagoCCN TV6: Trinidad and TobagoTrinidad and Tobago NewsdayTrinidad and Tobago Chamber of Industry and Commerce

12/08/2025

Happy International Youth Day 2025. Keep striving for excellence. Leadership First

08/08/2025

High Court ruling: Schools have a legal duty to ensure the safety and welfare of students.

SCHOOLS have a solemn legal duty to ensure the safety and welfare of students, the High Court ruled in a landmark decision that held the state liable for injuries suffered by a 15-year-old girl during a violent assault at a secondary school in 2017.

25/07/2025

Proposed Home Invasion ( Self Defence & Defence of Property) Bill 2025- Trinidad and Tobago Judiciary of Trinidad and Tobago Office of the Attorney General and Ministry of Legal Affairs Ministry of National Security Trinidad & Tobago The Law Association of Trinidad and Tobago Lawyer Issues

18/07/2025

Please note the Emergency Powers Regulations 2025 made following the declaration of a State of Emergency in Trinidad and Tobago

18/07/2025

Proclamation of a State of Emergency for Trinidad and Tobago

16/07/2025

Hearing of an appeal for breach of contract- July 16 2025- CCJ Caribbean Court of Justice

On 16 July 2025, the will hear an concerning an alleged breach of contract for the purchase of land and construction of a house. View the matter live at 11:00 a.m. here: https://loom.ly/etnFspk

16/07/2025

16/07/2025

When you invest in your team by equipping them with the necessary tools, resources, and autonomy to perform their tasks effectively, you create an environment where your team can succeed. Remember, it’s not just about hitting targets; it’s about creating a space where everyone feels capable and motivated to grow together.

- Order your copy of Gifford Thomas' new Amazon best seller, Inspirational Leadership Quotes, Finding The Courage To Lead, by clicking this link now ➡️ https://lnkd.in/eT5HKFnV. Available as a paperback, ebook or hardcopy.

05/07/2025

You cannot seek to lead and manage others if you lack the capacity to guide and manage your own actions. Leadership First Leadership News Nagassarlaw- Junior Nagassar